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UTAH

Utah

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    • Budget timeline: Annual  

      Fiscal Year starts: July 1

      The current state budget can be found here.

      Find the legislative session calendar here.

      Find the current legislative leaders here.

       

      UT Gov. Herbert

      Gov. Gary Herbert
      Office of Governor Gary R. Herbert
      State Capitol
      Suite 200
      Salt Lake City, UT 84114
      Phone: (801) 538-1000
      Fax: (801) 538-1557
      http://www.utah.gov/governor/

       

       

      Ron Bigelow, Executive Director
      Governor's Office of Planning & Budget
      State Capitol, Room 116
      Salt Lake City, UT 84114
      Phone (801) 538-1027
      Fax (801) 538-1547
      http://www.governor.utah.gov/gopb/ 
      ronbigelow@utah.gov 

       

       

      Want a more robust, long-term look at your state's fiscal health, beyond the budget? There are two parts: Click here for the FY2012 Comprehensive Annual Financial Report (CAFR) compiled by the state government, and click here for information on the state's pension liabilities

       

      Utah is required to pass a "balanced budget." Article 13, Section 9 of the 1895 Constitution states that expenditures shall not exceed total revenues. Section 63-38-10(3) requires the governor to reduce the budgetary allotments and transfer of funds by the amount of the revenue deficiency. These provisions did not prevent the State from reporting budget deficits (negative net transactions) on the last three years' Budgetary Comparison Schedules. Utah law also forbids the carrying over of a deficit from one year to the next.

       

      For FY2007, the State maintains the following funds: the General Fund, the Education Fund, the Uniform School Fund, the Transportation Fund, the Transportation Investment Fund, and the Trust Lands Fund. The State also maintains a number of non-major governmental funds, but the exact amount is unclear. For FY2006, the state maintains all of the previously named governmental funds except for the Education Fund. For FY2005, the State maintains the following funds: the General Fund, the Uniform School Fund, Transportation Fund, the Centennial Highway Fund, and the Trust Lands Fund.

       

      Each year, Utah budgets all of its major governmental funds, except for the Trust Lands Fund. Utah's CAFR also contains detail schedule of expenditures for all of its budgetary funds. In other states this has lead to confusion and the double counting of information. However, Utah's detail schedules are labeled clearly.  [from the Institute for Truth in Accounting]

       

      Find the state's bond ratings here.

       

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    • Solutions

      How Reality-Based Budgeting Can Permanently Resolve State Budget Gaps

      State Budget Solutions | by Bob Williams | November 7, 2012

      State Budget Solutions recommends that state legislators take action in 2013 to resolve the serious state financial crises by changing their focus from inputs to outcomes by redesigning budgets from the ground up based on priorities and performance.

    • Solutions

      How to Prevent Future Pension Crises

      by Cory Eucalitto | November 1, 2012

      The time for state and local governments to offer defined contribution retirement plans that protect both taxpayer dollars and public employee retirement security is now.

    • Solutions

      State Lawmakerís Guide to Evaluating Medicaid Expansion Projections

      The Heritage Foundation | by Edmund F. Haislmaier and Drew Gonshorowski | October 17, 2012

      Supporters of Obamacare claim that expanding Medicaid will entail little to no cost to state governments, since the federal government will fund the vast majority of the additional costs. Indeed, some analyses project states achieving savings from adopting the expansion. However, state lawmakers should be wary of accepting such analyses at face value.

    • Solutions

      Medicaid Is BrokenóLet the States Fix It

      The Wall Street Journal | by Paul Howard and Russell Sykes | October 15, 2012

      Block-granting Medicaid is the best way to deliver better, cost-effective care to the most vulnerable Americans.

    • Solutions

      The Case for Reform: Prisons

      Right on Crime | August 1, 2012

      Prisons are supremely important, but they are also a supremely expensive government program, and thus prison systems must be held to the highest standards of accountability.

    • Solutions

      The Case for Reform: Adult Probation

      Right on Crime | August 1, 2012
    • Solutions

      Solutions to the public pension crisis

      State Budget Solutions | by Bob Williams | August 1, 2012

      Public pensions at the state and municipal levels are unsustainable in their current form.  State Budget Solutions' recent study by Andrew Biggs found that public pensions are underfunded by $4.6 trilion. Here we offer solutions to the pension crisis

    • Solutions: Utah

      File Subsidies: If you don't build it, they'll still come

      The Sutherland Institute | November 3, 2011

      The state should stop offering targeted tax subisidies to favored film companies and in stead reduce taxes for all businesses to help level the playing field and promote economic growth.

    • Solutions: Utah

      Utah: A Case Study for Pension Reform

      Defined contributions are a potential solution to states' unsustainable pension liabilities.